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Text Analytics Market to Record Overwhelming Hike in Revenues by 2026

Text analytic is a process which is used to extract the insights from unstructured text. This insights help organizations to measure the customer expectations, product description, and also to understand the market trend. The increasing high volume and variety of data in feedback channels become one of the major drivers for the growth of text analytics market.

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The increasing data on feedback channels provides wealth information to the companies to analyze their customer demand. To improve their business process and customer experience, the companies are increasingly turning to text analytics to extract the insights from unstructured text generated by social media post, open-end survey questions and many more.

The increasing demand for insights from social media content become one of the major drivers for the growth the market

Increasing stiff competition have forced companies to understand the demand of their customers and market trend. Text analytics help the companies to find real insights of the market by analyzing data which is present on social media websites in the form of comments, posts, tweets, photos, and many more. This help companies to extract the real insights regarding customer experience, product description and many more. In addition, the increasing data on social media fuel the demand for text analytics in various organizations. For instance, Facebook, Instagram, YouTube, LinkedIn are some of the major player of the social media industry. In sixty seconds, on YouTube near 27,000 videos are watched, around 3 million posts are shared on Facebook, nearly 430,000 tweets are posted on Twitter and around 120 new users are registered on LinkedIn. Hence, increasing data on social media channel fuels the demand of the text analytics market.

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Key Takeaways of the Text Analytics Market:

The global text analytics market is estimated to exhibit a CAGR of 17.7% over the forecast period

In 2016, the text analytics market generated revenue of US$ 3,031.5 million and is projected to reach US$ 13,060.4 million by 2025

Among deployment model, the cloud segment held a dominant position in 2016 and is projected to retain its dominance throughout the forecast period, owing to increasing adoption of cloud technology by various companies

Among application, customer relationship management segment held a dominant position in 2016 and is projected to retain its dominance throughout the forecast period. This is mainly owing to factors such as high focus on customer engagement and increasing adoption by small and enterprises. Additionally, Social media analytics segment is estimated to grow medium rapidly during the forecast period, owing to increasing high demand for insights from social media content and rising unstructured data on social media websites.

Among end users, the banking, financial services, and insurance segment held the dominant position in 2016 and is projected to retain its dominance throughout the forecast period. Moreover, retail and e-commerce industry is projected to grow with largest CAGR in the forecast period.

North America held a dominant position in the global text analytics market in 2016 with US$ 1,045 million and is projected to exhibit a CAGR of 16.9% by 2025. The U.S. held the dominant position in the North America text analytics market in 2016. Canada is estimated to exhibit the largest CAGR over the forecast period.

Asia Pacific is estimated to witness a CAGR of 19.1% over the forecast period. China and India are the major countries driving growth of the text analytics market in the region.

The global text analytics market was valued at US$ 3,031.5 million in 2016 and is estimated to witness a CAGR of 17.7% over the forecast period.

On the basis of application, the text analytics market is diversified into brand reputation, competitive intelligence, customer relationship management, fraud detection, and predictive analytics. The customer relationship management application held a dominant position in the market in 2016, owing to high focus on customer engagement and increasing adoption by small and medium enterprises, fuels the customer relationship management application in text analytics market.

North America holds a dominant position in the global text analytics market

According to Coherent Market Insights, North America held the dominant position in the global text analytics market in 2016, valued US$ 1045 million and is projected to reach US$ 4,237.6 million by 2025, with a CAGR of 16.9% over the forecast period. The U.S. and Canada are the major countries driving growth of the text analytics market in North America region. This is owing to factors such as dominance of digitalization and high presence of leading companies, provides the dominant position to the market in the region. Moreover, Asia Pacific text analytic market is projected to exhibit largest CAGR of 19.1% over the forecast period. India, China, and Japan are some of the major countries which drives the growth of this market in Asia Pacific region. This is due to factors such as increasing economy and rising online business industry, which fuels the text analytics market in the region.

Key Players in theText Analytics Market:

Some of the major players involved in the global Text analytics market include SAP SE, International Business Machines Corporation, SAS Institute, Inc., Opentext Corporation, Clarabridge, Inc., Bitext Innovations S.L., Lexalytics, Inc., Megaputer Intelligence, Inc., Luminoso Technologies, Inc., and Knime.Com AG.

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Fog Computing Market: Views Sought On New Approach

Fog computing also called as fog networking or fogging is used for the architecture provided in the proximity of the users to provide seamless cloud computing user experience. It is also known as edge computing, as it facilitates the functions such as storage, computing, and networking services between the cloud data centers, end enterprise and user devices.

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Requirement of managing service offerings at the network edge to enhance the efficiency and avoid the network bottlenecks, is expected to propel the growth over the forecast period.Proliferation of IoT and internet enabled devices has led to exponential increase in data generation and access requirement at the end user leading to significant increase in the traffic generated. Traffic patterns vary based on the user inclination, however, they are concentrated in the metropolitan areas across the globe. Inadequacy of the cloud and internet networks to efficiently manage the data stream across its regional expanse also adds to the requirement of infrastructure in the proximity of the users. Advent of connected technologies such as connected homes, buildings, smart energy, connected factory operations, connected vehicles, and OTT content are among the prominent factors anticipated to fuel the demand for fog computing methodologies to avoid the network bottlenecks.

Fog Computing Market Taxonomy

On the basis of end-use:

Building & Home Automation

Smart Energy

Smart Manufacturing

Transportation & Logistics

Connected Health

Security & Emergencies

Others (Smart Environment and Retail)

On the basis of applications:

Smart Grid

Smart Traffic Lights

Wireless Sensors

Decentralized Smart Building Control 

IoT

Software Defined Networks

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“Software segment contributed to around 65% revenue of the fog computing market, is expected to remain the dominating revenue segment through the forecast period”

Overall IT components costs have witnessed substantial decline over the past few years, in conjunction with considerable advancement leaps in the processing and compactness over the past few years. Connectivity costs have witnessed consistent price reductions with the advent of fast communication technologies such as 3G, 4G, and LTE. Software as a Service (SaaS) and the usability of these in analytics, e-commerce, collaboration, and other business functions has witnessed increased penetration at exponential rates. Thus, software solution segment is expected to dominate the market over the forecast period.

“The U.S. dominated overall fog computing market share, owing to the high adoption in the country”

Major investment in the R&D activities in the region, primarily in the automotive segment is expected to fuel the industry growth. The government has introduced a number of initiatives to revolutionize the automotive technologies, so as to reduce the number of road accidents and fatalities. Introduction of V2V communication, and V2I communication (or V2X) technologies are few of the initiatives in the process, which is expected to provide considerable growth prospects over the forecast period. The exponential rate of urbanization and industrialization in the Asia Pacific countries such as China, India, Indonesia, Thailand, Malaysia, South Korea, and Japan are expected to provide growth opportunities to key players in the market.

Fog Computing Market: Competitive Background

Key players operating the fog computing market include Microsoft Corporation, ARM Holdings PLC, Cisco Systems, GE Digital, Intel Corporation, Schneider Electric Software LLC, and Fujitsu Ltd.

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Innovation Management Market: Taking New Steps to Meet the Challenges and Enter in Industry

Innovation management is a set of tools that enables managers and engineers to cooperate with a common understanding of processes and goals. This management system refers innovations for business processes, products, and industrial operations. Various organizations are increasingly adopting innovation management software and solutions to innovate or improve their existing products, depending on the specific demand of customers.

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Innovation Management Market Taxonomy

On the basis of vertical:

Aerospace & Defense

Automotive & Manufacturing

Banking, Financial Services, and Insurance

Healthcare & Pharmaceuticals

IT, Media, and Communication Technology

Public Sector & Education

Retail & Consumer Goods

Transportation & Logistics

Among verticals, the retail & consumer goods segment holds a dominant position in the global innovation management market. Increasing adoption of innovation management solutions by retailers to help improve distribution or sales of the product and innovate new business ideas, which helps to improve the customer relations. This in turn, is boosting demand for innovation management. Moreover the healthcare and pharmaceutical segment is projected to grow with significantly over the forecast period due to changing patient demand and digitalization.

On the basis of application:

Collective Intelligence & Prediction Platforms

Human Resource Platforms

Marketing, Design, and Idea Platforms

Product Research & Development Platforms

Among deployment model, the cloud-based model is expected witness highest growth during the forecast period, owing to low cost in terms of maintenance, licensing, and deployment, allowing remote location access, in turn, boosting demand for cloud-based innovation management market globally.

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“North America holds the largest market share of the global innovation management market”

North America held a dominant position in 2016 and is projected to retain its dominance throughout the forecast period. Due to the strong presence of solution providers, highly adoption of new technology, and internet infrastructure, the market is expected to witness substantial growth in the region.

"Key companies of global innovation management market"

Key companies operating in the global innovation management market include Brightidea, Incorporated, CogniStreamer, Crowdicity Ltd., Exago Inc., Hype Innovation, Inc., Ideascale, Imaginatik PLC, Inno360, Inc., Innosabi GmbH, Planbox, Inc., Qmarkets, SAP SE and Spigit, Inc.

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Spacesuit Market Research Report 2018-2026: Experts Analysis

Spacesuit market primarily caters to the limited list of space agencies such as Russian Space Agency (ROSCOSMOS) and National Aeronautics and Space Administration (NASA) that utilize these products for the astronaut survival in the outer space. These also find significant application for the crew members inside the spacecraft to ensure safety mechanism in the event of loss of the cabin pressure. According to Coherent Market Insights, the business can be largely characterized low volume and high margin industry.

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Difficulty in surviving in space owing to substantially different conditions is the primary growth driver of the industry

Utilization of distinct advanced materials in the designing and development for next generation suits, such as urethane-coated nylon, Dacron, Neoprene, aluminized Mylar, Gortex, Kevlar and Nomex, to enable living in space have gained significant traction as the key industry trends. These materials enhance the strength, reduce overall weights, and enable the required sustenance of pressure and air. Moreover, participants are increasingly focusing on development of more innovative materials to differentiate their portfolio from the competitors and provide tailored solutions with enhanced safety and versatility for the end users.

Spacesuit market are poised for renaissance owing to increasing interests of private sector roles in the space industry

Commercial space travel concept is among the key trend that is expected to transform the industry landscape over the next decade. For instance, In May 2014, U.S. space travel agency has partnered with a Japanese advertisement agency for endorsing its future spaceflight missions. Commercial space travel offering companies will make efforts to distinguish themselves by offering their products based on better capabilities, aesthetics, and comfort. These factors will drive the demands for commercial grade suits and fuel the spacesuit market growth over the forecast period.

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Spacesuit Market Taxonomy

On the basis of application:

Extravehicular activity (EVA)

Intravehicular activity (IVA)

EVA segment dominated the global industry share in 2016, owing to its necessary applications in the space

U.S. is expected to continue to dominate the global industry share owing to significant advancement and large number of space related operations taking place in the country. Other countries that include Russia, China, Japan, and India are expected to highly contribute to the global demands over the next few years. High involvement of countries in various space programs such as the launch of satellites and the availability of potential opportunities to provide low-cost space missions, will propel the growth of the spacesuit market.

Industry is largely characterized by the fragmented industry share owing to number of players sharing the industry share. According to our analysis, the intensive competition is expected to be largely characterized by the substantial development of new materials, low overall weights, and high reliability of the suits. Advent of commercial space companies further alleviate the competition and will drive the innovation in shortening the design cycles, computer simulations, 3D printing, and product durability. Chief industry participants in the industry include Boeing, ILC Dover, David Clark, Oceaneering International, NPP Zvezda, Final Frontier Design, Pacific Spaceflight, Austrian Space Forum (OeWF), and UTC Aerospace Systems.

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Smart Governments Market Disclosing Latest Trends and Advancement 2018 to 2026

The implementation of advanced technologies, innovative policies, and business models to address the environmental, financial, and service challenges faced by governmental organizations is known as smart government. The concept of smart government is based on communication network and information systems. Increasing adoption of smart technologies by various governmental bodies has resulted in growth of smart government market.

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Increasing demand for smart technology by consumer and requirement to secure data from different sources compels the governments to process data for digital transformation, which is driving growth of smart government market. Cloud-based deployment model is expected to grow with the largest CAGR during the forecast period due to increasing adoption of cloud technology by various governmental bodies to achieve real-time access, cost benefits, and reliability.

Remote monitoring segment is projected to grow with a significant CAGR over the forecast period, owing to less cost of sensors, which have propelled the demand for remote monitoring smart solutions. Remote monitoring assists government bodies to monitor and track their deployed asset. Moreover, some of the advantages offered by remote monitoring such as safety assurance, proactive solutions for advanced failure situations, and operational visibility and analysis are fueling growth of smart government market.

Professional services segment held dominant position in the smart government market in 2016 and is projected to retain its dominance throughout the forecast period. The need for maintenance and technological consulting has increased the demand for professional services in the smart government market.

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Smart Government Market Taxonomy

On the basis of solution:

Analytics

Government Resource Planning System

Security

Remote Monitoring

Network Management

Open Data Platform

Smart Governments Market Outlook – North America holds the dominant position

On the basis of geography, global smart government market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America held the dominant position in the global smart governments market in 2016 and is projected to retain its dominance throughout the forecast period. The U.S. and Canada region are gaining significant traction in smart governments market, owing increasing adoption of cloud computing and Internet of Things, which in turn have boosted growth of market in this region. Furthermore, presence of major companies offering smart government’s solution and service are fuel market growth in this region. For instance, Oracle Corporation, IBM Corporation, and Amazon Web Services.

Key Companies in the Global Smart Governments Market

Key players operating in smart government market include UTI Group, Amazon Web Services, Inc., Abb Ltd., Avaya Inc., Cisco Systems, Inc., Capgemini S.A., Entrust Datacard Corporation, Hughes Identification Devices (Hid) Global Corporation, Huawei Technologies Co., Ltd., Imex Systems Inc., Nokia Corporation, International Business Machines (Ibm) Corporation, Opengov, Socrata, Oracle Corporation, and Symantec Corporation

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Preventive Maintenance Software Market Perspective by Comprehensive Analysis, Growth Prediction to 2026

Preventive maintenance refers to general, routine maintenance to help keep devices up and running, preventing any accidental downtime and costly expenses from unexpected hardware failure. Increasing demand for maintenance reports is one of the essential growth factors for the global preventive maintenance software market.

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Many organizations utilize the preventive maintenance software or solutions and computerized maintenance management system (CMMS) to screen and analyze the maintenance operations, as organizations are required to meet industry-specific government regulations enforced by governmental bodies of various countries. Occupational Safety and Health Administration (OSHA) in the U.S. is one such body that work towards ensuring safe and healthful working environment. This preventive maintenance software produces reports that can be utilized to protect equipment reliability by following hardware condition and supplanting worn segments before they fail, as it provides summary data, outlines and charts, and high configurability.

One of the recent trends that will pick up footing in the preventive maintenance software market in the forecasted years is the rising market of Internet of Things in preventive maintenance. According to Coherent Market Insights analysis in 2016, around 17.7 billion devices are installed or connected up from 15.4 billion and is predicted to reach up to 62 billion in 2024. Internet of Things helps to generate smart communication environment, for example, smart healthcare, smart transportation, smart homes, and smart cars. The expansion of smart connected devices has expanded because of the rise of internet of things. Smart connected devices incorporate portable imaging devices and navigation devices with cellular devise and these gadgets offers information about machines and their working conditions. More over the data security and privacy issue become one major challenge which hinders the growth of the global preventive maintenance software market.

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Preventive Maintenance Software Market Taxonomy:

On the basis of verticals:

Government

Aerospace and Defense

Energy and Utilities

Manufacturing

Healthcare

Transportation and Logistics

Preventive Maintenance Software Market Outlook – North America to be growth engine

On the basis of geography, the study is diversified into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The North America hold the dominating position in the global preventive maintenance software market and is expected. Due to high presence of market leaders and high penetration of smartphones offers a major demand for preventive maintenance software in the North America region. The offering of mobile based preventive maintenance software by various venders in North America region also fuels the market of preventive maintenance software in the region. Various preventive maintenance software providers offers a mobile functionality either from web browser or application.

Preventive Maintenance Software Market: Competitive Background

Dude Solutions, Maintenance Connection, ManagerPlus, IQMS, AssetPoint, Building Engines, eMaint, CWORKS, Argos, DPSI, Corrigo, CyberMetrics, FacilityONE, FMX, Infor, Maintenance Assistant, Hippo CMMS Software, MAPCON Technologies, Maintenance Care, MPulse Maintenance Software, Maxpanda, MicroMain, and TechWare Smartware Group, are some of major companies of the global preventive maintenance software market. Acquisition, merger, innovation and new product launch are some of the major strategies adopted by the market leaders to sustain in the global preventive maintenance software market.

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Container-as-a-Service Market to Record Overwhelming Hike in Revenues by 2026

Containers as a Service (type of container-based virtualization) is an emerging technology in which vendors provide a complete framework to the users for managing and developing containers and applications. CaaS is majorly designed for IT developers to manage and run applications. The key factor fueling growth of the market is the increasing utilization of micro services. The rise of DevOps technology and containerization have helped revolutionize enterprise applications. However, some factors such as portability issues between severs, lack of tools required to manage and monitor the container, hinders growth of the CaaS market.

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CaaS Market Taxonomy

On the basis of cloud deployment model:

Public cloud

Private cloud

Hybrid cloud

On the basis of deployment, public cloud holds the largest share of the CaaS market. The increasing demand for storage and computing resources has helped fuel the demand for public cloud in the CaaS market. In addition to this, the hybrid cloud also plays a major role in an organization for the management of infrastructure. Moreover, the increasing adoption of advanced container platforms in various organizations have led to the implementation of the hybrid cloud model with full infrastructure. The hybrid cloud usage is rising due to the increasing micro service and management service data environment, as they provide better flexibility, security and scalability.

On the basis of application:

BFSI

Education

Government

Healthcare

IT & Telecom

Media & Entertainment

Others

Retail

Travel & Tourism

Others

On the basis of application type, the IT & Telecom application holds the largest share in the global CaaS market. The CaaS is highly used by the IT developers and IT department to develop secure containerized applications.

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Container as a Service Market Outlook – North America holds the largest global container as a service market.

North America held a dominant position in the global CaaS market in 2016, and is estimated to retain its dominance throughout the forecast period. Increasing demand for managed data centers, virtual private cloud services, and advanced technology accessibility have led to an increasing demand for CaaS market in this region. Moreover, the presence of IT companies such as Microsoft Corporation, Google, and Amazon Web Service in the North American countries have also provided immense opportunity for growth of the market. In addition to this, the Asia Pacific CaaS market is estimated to grow with the largest CAGR during the forecast period.

Key Companies of Global Container as a Service Market

Amazon Web Service (AWS), Cisco System, ContainerShip, CoreOS, DH2i, Docker Inc., Giant Swarm, Google, HPE, IBM, Joyent, Kyup, Mesosphere, Microsoft, and SaltStack, VMware Inc. are some of the key companies of the global container as a service market.

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Electrically Erasable Programmable Read Only Memory Market: Views Sought On New Approach

Electrically erasable programmable read only memory (EEPROM) is a non-volatile memory used in computers, smartphones, and electronic devices to store small volumes of data. Increasing demand for high speed, highly scalable memory devices, and low power consuming devices are major factors driving growth of electrically erasable programmable read only memory market. Increasing adoption of high speed internet and Internet of Things (IoT) devices have propelled the demand for high speed memory devices, which are expected to fuel growth of electrically erasable programmable read only memory market in IOT devices.

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According to Coherent Market Insights analysis, in 2016, an estimated 17.7 billion IoT devices were installed worldwide and is predicted to reach up to 30.7 billion by 2020. Furthermore, increasing trend of wearable devices in healthcare and sports is propelling demand for high scalable memory devices to maintain strong network connectivity and record the generated data, which in turn is driving growth of the electrically erasable programmable read only memory market. Furthermore, increasing adoption of smart cloths has increased the demand of wearable devices. In 2016, an estimated 35.3 million units of body wearable devices were sold and it is projected to reach 39.4 million units by the end of 2018.

Electrically Erasable Programmable Read Only Memory Market Taxonomy

On the basis of application:

Consumer Electronics

Enterprise

Automotive

Military and Aerospace

Telecommunication

Energy and Power

Healthcare

Others

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Electrically Erasable Programmable Read Only Memory Market Outlook – Asia Pacific holds the largest market

On the basis of geography, electrically erasable programmable read only memory market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia Pacific holds the dominant position in the global electrically erasable programmable read only memory market and is projected to retain its dominance throughout the forecast period. Significant growth witnessed by consumer electronics and automotive industry in turn fuels growth of market in major economies such as China and India. For instance, electronics market in India accounted for US$ 36.2 billion in 2016, from US$ 31.6 billion in 2015, and is projected to reach US$ 104 billion by 2020.

Moreover, electrically erasable programmable read only memory market of North America is gaining significant traction, owing to rising demand for high speed electronic devices and increasing proliferation of connected devices. Furthermore, high adoption of smartphone the U.S. creates a highly conducive environment for market growth. According to Coherent Market Insight, in 2016 around 208.6 million smartphone users were present in the U.S., up from 190.6 million users in 2015 and is projected to reach 257.7 million smartphone users by 2020.

Market: Competitive Background

Major players operating in electrically erasable programmable read only memory market include Atmel Corporation, Hitachi, Ltd., Infineon Technologies AG, Intersil, Linear Technology Corporation, Macronix International, Maxwell Technologies, Microchip Technology, Mitsubishi Electric Corporation, NXP Semiconductors N.V., ON Semiconductor, Renesas Electronics Corporation, ROHM Semiconductor, Samsung Electronics, Seiko Instruments Inc., STMicroelectronics, and Winbond Electronics Corporation.

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Bug Tracking Software Market Predicted to Grow at a Moderate Pace Till 2026

A bug tracking system, also known as defect tracking system, is a software tool that tracks reported programming bugs in software development projects. It might also be regarded as a type of issue tracking system. Database, which is a major component of bug tracking software, records all facts about known bugs. Moreover, a bug tracking system permits administrators to configure the product according to the status, either delete the bug or move the bug to another status.

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One of the key factors driving the global bug tracking system market is increased spending in the development of novel software testing programs. A bug tracking system is an integral part of any software testing program. Advanced testing technologies such as automated testing system are expected to bolster the growth of bug tracking software market worldwide. Implementation of bug tracking system in the initial stage itself will reduce the time and cost required to address the issues. This in turn has resulted in the swift growth of global bug tracking software market.

The cloud-based deployment model held the largest share of the global bug tracking software market in 2016. The bug tracking software venders and users are increasingly opting cloud platform, which will further boost the market over the upcoming years. For example, Atlassian, an Australia-based enterprise software company provides cloud bug tracking software i.e. JIRA Software. Similarly, JetBrains Prague, a Czech Republic-based software company also provides cloud bug tracking software, YouTrack. Moreover, Google Drive and Microsoft Azure are empowering the adoption of cloud-based solutions from the on-premises software model. In addition to this, factors such as cost-adequacy and simple up gradation of cloud-based infrastructure over their counterparts are further advancing the utilization of cloud-based solution, which helps in increasing the adoption of bug tracking software.

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Bug Tracking Software Market Taxonomy

On the basis of end-use industries:

Banking, Financial services, and Insurance

Telecommunication

Media

Information technology

Retail

“Bug Tracking Software Market Outlook – North America accounts for largest market share”

On the basis of geography, global bug tracking software market is classified into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America bug tracking software market held the largest market share in 2016 and is projected to continue its dominance over the forecasted period. The U.S. and Canada are some of the countries, which drive the bug tracking software market in North America. The significant presence of software testing companies and increasing investment in development of software testing tools are expected to fuel the bug tracking software market in the region.

“Bug Tracking Software Market: Competitive Background”

Atlassian, Inc., International Business Machines Corporation, JetBrains s.r.o., Zoho Corporation, Axosoft, LLC, Bugsnag, Inc., Countersoft, DoneDone, LLC, Fog Creek Software, INC., Inflectra Corporation, Macropod Software Pty Ltd., OverOps Inc., Raygun, Rollbar, Sentry, Sifter, and Variad Corporation are some of the key players identified across the value chain of bug tracking software market.

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Advanced Process Control (APC) Software Market Overview, Growth Impact and Demand by Regions till 2026

In control theory, advanced process control involves deployment of a wide range of methods and technologies within an industrial process control system. Some of the key advantages of advanced process control software are improvement in operational understanding, better equipment reliability, enhanced process safety, reduction in process settle time, improved production capacity, and reduction in power consumption. The aforementioned advantages are expected to fuel demand for advanced process control software in various end-use industries.

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The increasing demand for energy efficient production process is one of the major drivers which is contributing in the growth of the advance process control software market globally. The improvement of energy efficiency by using the advance process control software primarily helps the companies to reduce the cost of the energy and increase the productivity. Food industry, paper industry, chemical manufacturing product industry are some of the major industries in which the energy cost makes up above 3% of the production cost. Large scale enterprises and SMEs needs to install the advanced process control systems in order to reduce the energy cost. In addition to this, the increasing demand of the software to predict the failure at the component level and improvement of data accuracy which helps to improve the system performance which accelerates the growth of the advance process control software market.

Among end-use industries, oil and gas industry segment dominated the global advanced process control software market in 2016 and is projected to retain its dominance throughout the forecast period. Companies engaged in the oil & gas sector are increasingly inclined toward reducing waste production in order to curtail losses, both in terms of revenue and materials. This increases demand for APC solutions in this sector. Even minor variations in the production process in this highly capital and resource intensive sector can result in major wastage of raw material, which in turn increases production cost. Therefore, industry players are increasingly inclined toward adoption of APC software that provide accurate data processing and help solve complexity related to production.

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"Advanced Process Control Software Market Outlook – Asia Pacific holds significant market share"

On the basis of geography, global advanced process control software market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia Pacific holds the dominant position in the global advanced process control software market and is projected to retain its dominance throughout the forecast period. India and China are expected to drive the market for advanced process control software in the region. The growth in chemical industry in China is projected to offer significant growth opportunities for the advanced process control software market in the country. In 2016, chemical industry in China generated a revenue of US$ 1.4 trillion (CNY 9.5 trillion), which is expected to reach US$ 2.9 trillion (CNY 19.5 trillion) by 2020.

"Advanced Process Control Software Market Taxonomy"

On the basis of control type, the global advanced process control software market is classified into:

Advanced regulatory control

Multivariable model predictive control

Inferential control

Sequential control

Compressor control

On the basis of end-use industry, the global advanced process control software market is classified into:

Oil and Gas

Petrochemicals

Chemicals

Power

Pharmaceuticals

Food & Beverages

Others

Key Players in the Global Advanced Process Control Software Market

Aspen Technology, Inc., ABB Ltd., Emerson Electric Co., Honeywell International, Inc., GeneralElectric Co., Rockwell Automation, Inc., Schneider Electric SE, Rudolph Technologies, Inc., Yokogawa Electric Corp., and Siemens AG are some of the major players in the global advanced process control software market.

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Printed Electronics Market to Showcase Attractive Growth Opportunities Worldwide

The Global Printed Electronics Market was valued at US$ 3,345.0 million in 2015 and is projected to expand at a CAGR of 21.3% during the forecast period (2017–2025), as highlighted in a new report published by Coherent Market Insights. Growing demand for smart devices and displays is one of the major driving factors for the market. Continuous technological advancement in the field of electronic components that use printed electronics in turn is having a positive impact on the market for printed electronics globally.

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The demand for printed electronics is anticipated to surge over the forecast period as growing demand for printed batteries and printed antennas is one of the key reasons behind the growth of printed electronics globally. Printed electronics are required for the mass production of tags, color e-papers and smart labels which is another prime factor fueling the market. Smart touch devices and displays are anticipated to contribute in the positive growth of the printed electronics market over the forecast period. Easy production and integration, low cost along with flexible form factor are some of the major advantages of printed electronics which is contributing in the positive growth of the market.

The growth in the revenue of the global printed electronics market is also attributable to growing application of the printed sensors and batteries in various industries. Increasing application of printed batteries in different medical devices is also considered as one of the drivers for the market. Medical sensors and diagnostic devices are some of the prime application areas of the printed electronics. Wireless sensors, smart cards, portable electronic devices are core application areas for the printed electronics globally, which is anticipated to boost the growth of the market over the forecast period.

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Printed electronics are primarily used in smart labels, as they offer rapid replacement for conventional labels. The wide verity of applications of printed electronics in flexible displays is due to properties such as light weight, ultra-thin, bendable, shatter-proof energy efficient, portable and unbreakable. Furthermore, increasing utilization of printed electronics in memory or logic and different sensors propels growth of the market. Increasing demand for Internet of Things (IoT) applications and significant cost advantages provided by the printed electronics products is boosting growth of the printed electronics market. Moreover, new portable and miniaturized electronic devices are driving growth of the global printed electronics market. R&D in the field of printed electronic materials is also expected to drive the market over the forecast period. Majority of printed electronics and equipment manufacturers are developing new products to maintain the dominant position in the market. However, electrical conductivity in printed electronic materials have certain technological complexities with some substrates or materials, restraining growth of the market. However, rising application of printing technologies in memory, logic, energy storage devices, mobile chips and printed circuit boards are expected to drive growth of the market over the forecast period.

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Key takeaways of the Printed Electronics Market:

The global printed electronics market is estimated to increase at a CAGR of 21.3% over the forecast period (2017–2025) as there exists major demand in the global market, especially in Asia Pacific and North America

Among materials, substrates segment dominates the market, owing to its application in printed batteries and sensors

Screen printing is the largest technology segment in the printed electronics market, as it is primarily used in various electronic portable devices

Displays is the leading application segment in the printed electronics market, owing to growing demand for smart devices and touch displays

Some of the major players involved in global printed electronics market are T+ink, Inc., NovaCentrix, Optomec Inc., E. I. du Pont de Nemours and Company, Thin Film Electronics ASA, Xerox Corporation, Vorbeck Materials Corporation, Inc, LEONHARD KURZ Stiftung &Co. KG, Intrinsiq Materials, Inc., Agfa-Gevaert N.V., BASF SE, Samsung Electronics Co., Ltd., and E Ink Holdings Inc.

Detailed Segmentation:

Global Printed Electronics Market, By Technology:

Global Printed Electronics Market, By Application:

Flexography

Ink-jet Printing

Gravure Printing

Screen Printing

Sensors

Displays

Batteries

RFID

Lighting

Photovoltaic

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Mobile Resource Management (MRM) Solution Market Size Share - Emerging Evolution, Advancement, Industry Trends and Forecast 2018 – 2026

Mobile Resource Management (MRM) Solution market is rapidly gaining application importance as powerful business productivity tool owing to its ability to integrate wireless connectivity, location technologies, hardware, data interoperability server, and transaction processing onto single platforms. This system and services also known as commercial telematics, finds major applications in asset, workforce and fleet monitoring and tracking systems, is expected to considerable demand growth over the forecast period.

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“Transportation and logistics application segment is expected to remain the primary growth driver”

Transportation and logistics are the prominent application segments owing to requirement of these systems and services to monitor fleet vehicles and assets such as heavy equipment and trailers. Moreover, proliferation of GPS enabled smartphones and tablets have found increased applications for management of mobile workers. According to Coherent Market Insights, the MRM applications in the segment contributes to around 10 million units, in the U.S. alone.

“Reduction in costs achieved and high rate of return on investments (ROI) is anticipated to be the prominent industry growth driver”

Utilization of these systems allows end use industry to enable efficient means of managing data, costs and increased accountability. The data received from these systems is stored in standardized database, which is easily accessible on demand. This enables end user to create meaningful reports regarding the performance of the workforce, and plan decisions accordingly. Moreover, reduced paper work related expenses, low overtime labor costs, accurate job evaluation, and high job completion rates enables increased profit margins. These factors are expected to garner increased adoption rates and propel the mobile resource management solution market over the forecast period.

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“U.S. held the major industry share, whereas Asia Pacific is expected to witness highest growth during the forecast period”

Mobile Resource Management (MRM) Solution Market: Competitive Background

Chief industry participants in the mobile resource management solutions market include AppLocation Systems, Inc., AT&T, CalAmp Corporation, Garmin International, Masternaut, PeopleNet Communications Corporation, SkyBitz, Inc., and Spireon, Inc. Industry participants are increasingly making efforts to provide cutting edge solutions to enhance its applications and expand their regional presence in order to strengthen their foothold in the market. For instance, CompassCom announced it plans to introduce its MRM solutions to leverage their investments in ArcGIS. Their solutions are featured with real time monitoring and asset tracking, improved safety, accountability and efficiency for assets and personnel, in June 2017.

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Mobile Resource Management (MRM) Solution Market Taxonomy

On the basis of technology, the global mobile resource management solution market is classified into:

Field force management

Field service automation

Mobile sales force automation

On the basis of end users, the global mobile resource management solution market is classified into:

Transportation & Logistics

Energy & Utilities

Healthcare

Construction

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Advanced Farming Market Positioning And Growing Market Share Worldwide Till 2026

Advanced farming market caters to agriculture-based activities through utilization of connected and advanced information technologies for the analysis, monitoring, identifying and controlling the field operations to maximize the yield and ensure profitability. Moreover, optimum utilization of the available resources that include light, water, space, energy and costs associated with the maintenance form the primary factors that are expected to drive overall demand.

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“Growing global population and the increasing requirement to suffice the basic needs that include food, and clothing will drive the demands”

According to Population Reference Bureau, global population in 2016 was over 7.4 billion, which is expected to cross 8.5 billion by1 2030. In addition to this, the urbanization of the economically developed and developing regions is expected to witness significant growth over the forecast timeframe, necessitating increased demands for the agricultural produce. Moreover, limited land, water, and other resources for these activities is expected to instantiate demands for increased outputs in the available resources. This will in turn drive the growth of advanced farming market, specifically in the regions with unfavorable natural climate and densely populated that include the U.S., Western Europe, China, India, and few other economies.

“Proliferating incorporation of advanced sensors and precision software and hardware technologies will present strong consumer inclination for increased agricultural produce”

Agricultural drones for monitoring field conditions by AgEagle; advanced analytics for agronomic analysis by Aglytix; multi-sensor Vector Probe by probe AquaSpy, Virtual Optimizer (VO) water management tool that monitors soil moisture and provides virtual agronomist services by CropMetric; and API connectivity between fleet of green and yellow earth movers by John Deere are few of the major advancements in the advanced farming market. Moreover, many other major developments to enhance agricultural produce are taking place on daily basis, is expected to garner significant growth opportunity over the forecast period.

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“U.S. is expected to dominate the overall advanced farming market adoption rates over the forecast period”

High consumer motivation towards advanced technologies, extensive government initiatives to support the agriculture from the U.S. Department of Agriculture and high production demands will drive the regional growth over the forecast period. China, India, Indonesia and Thailand are among the most potential markets across the globe, however, lack of proper infrastructure and knowledge for the handling of these systems will continue to interfere with the growth prospects.

Chief industry participants in the advanced farming market include Trimble Navigation, AGCO Corp., John Deere & Company, Raven Industries, and AgJunction Inc. Industry is characterized by moderately fragmented market share with large number of regional players dominating the regional share. Moreover, over the last few years, industry has witnessed increased emergence of startups to capitalize on the existing opportunities. For instance, The Climate Corp, Solum, Soil IQ, and SmartGardener are among the few of the players that have gained significant interests of the industry participants.

Advanced Farming Market Taxonomy

On the basis of technology, the global advanced farming market is classified into:

Variable-rate Technology (VRT)

High precision positioning systems

Automated steering systems

Remote sensing

Integrated electronic communication

Others

On the basis of applications, the global advanced farming market is classified into:

Fleet management

Livestock farming

Forest farming

Aqua farming

Horticulture

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Advanced Process Control (APC) Software Market Poised to Achieve Significant Growth In The Upcoming Years

In control theory, advanced process control involves deployment of a wide range of methods and technologies within an industrial process control system. Some of the key advantages of advanced process control software are improvement in operational understanding, better equipment reliability, enhanced process safety, reduction in process settle time, improved production capacity, and reduction in power consumption. The aforementioned advantages are expected to fuel demand for advanced process control software in various end-use industries.

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The increasing demand for energy efficient production process is one of the major drivers which is contributing in the growth of the advance process control software market globally. The improvement of energy efficiency by using the advance process control software primarily helps the companies to reduce the cost of the energy and increase the productivity. Food industry, paper industry, chemical manufacturing product industry are some of the major industries in which the energy cost makes up above 3% of the production cost. Large scale enterprises and SMEs needs to install the advanced process control systems in order to reduce the energy cost. In addition to this, the increasing demand of the software to predict the failure at the component level and improvement of data accuracy which helps to improve the system performance which accelerates the growth of the advance process control software market.

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Advanced Process Control Software Market Outlook – Asia Pacific holds significant market share

On the basis of geography, global advanced process control software market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia Pacific holds the dominant position in the global advanced process control software market and is projected to retain its dominance throughout the forecast period. India and China are expected to drive the market for advanced process control software in the region. The growth in chemical industry in China is projected to offer significant growth opportunities for the advanced process control software market in the country. In 2016, chemical industry in China generated a revenue of US$ 1.4 trillion (CNY 9.5 trillion), which is expected to reach US$ 2.9 trillion (CNY 19.5 trillion) by 2020.

Advanced Process Control Software Market Taxonomy

On the basis of control type, the global advanced process control software market is classified into:

Advanced regulatory control

Multivariable model predictive control

Inferential control

Sequential control

Compressor control

On the basis of end-use industry, the global advanced process control software market is classified into:

Oil and Gas

Petrochemicals

Chemicals

Power

Pharmaceuticals

Food & Beverages

Others

Key Players in the Global Advanced Process Control Software Market

Aspen Technology, Inc., ABB Ltd., Emerson Electric Co., Honeywell International, Inc., GeneralElectric Co., Rockwell Automation, Inc., Schneider Electric SE, Rudolph Technologies, Inc., Yokogawa Electric Corp., and Siemens AG are some of the major players in the global advanced process control software market.

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Printed Electronics Market Expansion to be Persistent During 2018-2025

Printed electronics is a set of printing techniques applied to create electrical devices on various substrates. Screen printing, gravure, offset lithography, flexography, and inkjet printing are some of the major printing techniques used for defining patterns on substrates or materials. As the technology continues to advance, the printed electronics are being used in different products. Low cost, easy production and integration along with flexible form factor are some of the major advantages of printed electronics, which is contributing towards positive growth of the market.

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The printed electronics market is expected to gain steady traction in the foreseeable future, owing to the active commercialization of printed electronics in different industries. Increasing proliferation of smart displays and touch devices is also contributing towards positive growth of the market.

Market Dynamics

The market for printed electronics is gaining significant traction due to growing application in RFID tags, solar cells, and OLED displays, among others. Increasing application of printed electronics in memory or logic, different sensors is one of the major growth driving factors for the market. Printed sensors and antennas to printed batteries and displays, printed electronics are being integrated into plastic film, paper, fabric, 3D printed objects and metals. These factors are projected to fuel the growth of printed electronics over the forecast period. Printed electronics have wide range of opportunity in the industries like aerospace, healthcare, and media, among others.

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Market Taxonomy

This report segments the global printed electronics market on the basis of materials, technology, application and geography. On the basis of material, the printed electronics market is categorized into substances and inks. Substances segment is furthermore segmented into inorganic materials and organic materials sub-segments. Organic materials is segmented into polymers, papers, and others. Inorganic material is segmented into silicon, glass, and others. Inks segment is segmented into dielectric inks and conducive inks. On the basis of technology, the printed electronics market is categorized into ink-jet printing, gravure printing, flexography, screen printing, and others. On the basis of application, the printed electronics market is categorized into displays, sensors, batteries, lighting, RFID, photovoltaic, and others. For comprehensive understanding of market dynamics, the global printed electronics market is analyzed across key geographical regions namely Latin America, Europe, North America, Asia Pacific, Middle East and Africa. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Growing application of OLED displays and smart labels is a prominent factor to fuel growth of the printed electronics market

Growing application of printed sensors, batteries and other portable devices are anticipated to fuel the market for printed electronics over the forecast period globally. Moreover, growing usage of printed electronic devices in the healthcare industry is also contributing in the positive development of the market. Asia Pacific is leading the market for printed electronics, followed by North America due to increasing demand for the smart devices and displays. Owing to rapid progression of electronic products which includes RFID, membrane switches, electronic labels and printed displays are anticipated to contribute in the positive development of the market over the forecast period.

Key Companies:

Key companies covered as a part of this study include T+ink, Inc., Thin Film Electronics ASA, NovaCentrix, Optomec Inc., E. I. du Pont de Nemours and Company, Xerox Corporation, Vorbeck Materials Corporation, Inc, Agfa-Gevaert N.V., LEONHARD KURZ Stiftung &Co. KG, Intrinsiq Materials, Inc., BASF SE, Samsung Electronics Co., Ltd. AND E Ink Holdings Inc.

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AIops Platform Market Size, Application, Share, Qualitative Research till 2018-2026

Artificial Intelligence for IT Operations (AIOps) is a multilayered technology platform that enhances IT operations by using machine learning and analytics to analyze the big data collected for various IT operations tools and devices to resolve the issues in real time. The global AIops Platform market generated revenue of US$ 1,270 billion in 2016. The global AIops Platform market is expected to generate a revenue of US$ 20,428 billion with a CAGR of 36.2% by 2025.

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Market Dynamics

Increasing demand for real time data analysis plays a major role in growth of the AIOps Platform market, owing to the ability of AIOps platform to analyze vast volumes of data through application of various algorithms in real time. In today’s world, due to increasing stiff competition in the market, the analysis of real time data has become one of the major requirement in various organization. Implementation of new technology, such as stream mining in-database analytics and in-memory analytics provides real time analysis for situational intelligence, fraud detection, and customer interactions. Moreover, the increasing installation of Internet of things (IoT) devices has generated large amount of real time data. For instance, according to Coherent Market Insights, in 2015, around 145 zeta byte of data was generated by IoT devices, annually and is projected to reach 600 zeta byte by 2020.

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North America held the dominant position in AIops Platform market in 2017

On the basis of geography, the Artificial intelligence for IT operation Platform market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America held the dominant position in the market in 2017 and is projected to retain its dominance throughout the forecast period. The U.S. and Canada are major economies driving growth of AIops Platform market in this region, owing to the region been early adopter of advanced technologies such as Artificial intelligence, Machine learning, big data, and analytics in the region. Moreover, presence of IT companies such as Google, Microsoft Corporation, IBM, oracle, and others plays a major role for growth of the market in the region.

Key Players- Global AIops Platform Market.

The major players operating in the global AIops Platform industry include, International Business Machines Corporation, Splunk Inc., CA Technologies, VMware, Inc, Micro Focus International plc, HCL Technologies Limited, AppDynamics, BMC Software, Inc., Moogsoft, and FixStream Network Inc.

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Regulatory Information Management Market Analysis By Application, Product,  Types and Segmentation Till 2026

Regulatory information management software consists of software solutions suiting to the respective industry and nature of business, especially for pharmaceutical, biotechnology, and clinical research industries. The software allows manufacturers and respective personnel in the aforementioned industries to ensure strict observance of complex regulations set by regulatory authorities in the respective regions.

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Market Driver:

The regulatory scenario in the industries such as biotechnology, pharmaceuticals, and clinical research tend to be highly critical and keeps updating at frequent intervals. This has led to development of competent regulatory information management software to be adopted by industry players. This ever-changing regulatory scenario in such industries proves to be one of the important driving factors for adoption of regulatory information management software. Also, reduction in manual errors in the software designed for regulatory process coupled with easy access are further expected to contribute in growth of global regulatory information management market.

Software segment accounted for largest market share in 2017

Among product type, software segment is expected to account for the largest market share by 2026. Need to cope up with ever-changing regulatory scenario, especially in the field of pharmaceuticals, is increasing and this has led organizations to opt for regulatory information management software. The software for regulatory information management is among the most feasible and easy way to keep track of the production and manufacturing scenario in accordance with the updated regulatory norms in the respective region.

Pharmaceutical industry is expected to hold largest market share by 2026

The technology tools, product & service platforms, creates opportunities for automating business practices resulting in optimum business output with rigid observance of the set norms in the industry by regulatory bodies and government. In pharmaceutical industries, regulatory information management software facilitates robust application of planning, viewing, publishing, registration, and management of products throughout its life cycle. The software also allows effective compliant management of regulations and regulatory information. It has advantages such as submission of plan, e-submission viewer, and product registration and tracking. The software enables tracking the periodic safety updated reports (PSUR) and real time access of regulatory information.

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North America regulatory information management market is expected to exhibit the highest CAGR over the forecast period

North America is anticipated to be dominant in the regulatory information management market, due to high presence of pharmaceutical companies such as Amgen, GlaxoSmith, Novartis, Johnson & Johnson, and Gilead Sciences among others in countries such as the U.S. and Canada. Furthermore, according to a report by European Federation of Pharmaceutical Industries and Associations (EFPIA), in 2016, North America accounted for 49.0% of world pharmaceutical sales compared to 21.5% of Europe. According to IMS Health data (MIDAS May 2017), 64.7% of sales of new medicines launched during the period 2011-2016 were in the U.S. market, compared to 17.5% in the European market.

Key companies

Major players operating in the global regulatory information management market include Acuta, Llc, Parexel, Computer Sciences Corp (CSC), Aris Global, Virtify, Ennov, Amplexor, Samarind Ltd, Dovel Technologies, Inc., and Informa.

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